I would like to know about investment options that are available for someone like me. I earn Rs20,000 a month.
—Pramod
It is good to be financially secured and to achieve it, you need to start saving and investing. It is recommended that you should know what you expect from your investments. While everyone wants to grow their money, how much risk you take defines the growth in your net worth. And here the investment horizon becomes critical as the risk asset surely needs a long term horizon. In case the investment period is not adequate, the chances of low returns or even erosion of principal becomes high.
